Volume 96 Number 13 - May 17 - 23, 2010

In the Drumlummon gold mine in Montana, RX Exploration geologist Brooks Hintze prepares to take samples from a fresh section of the D block as head geologist Ben Porterfield looks on.

RX revitalizes Drumlummon mine

SITE VISIT MARYSVILLE, MONT. — The gold dribbles off the shaker table as the various players behind RX Exploration (RXE-C, RXEXF-Q) look on with excitement….


The S&P/TSX Venture composite index dropped during the May 4-10 trading period, following jitters about Greek sovereign debt and wild market trading, possibly caused by runaway computer trading. T…

U.S. MARKETS -May 4-10

A US$1-trillion emergency rescue package to contain Greece’s debt crisis is not a long-term fix for the problems afflicting Europe but was enough to resurrect U.S. equity markets after their biggest-e…

Red Back gets boost from Kinross

Kinross Gold (K-T, KGC-N) is investing $600 million for a 9.4% stake in Red Back Mining (RBI-T). The placement should help finance the expansion of Red Back’s carbon-in-leach (CIL) plant and develop a…

US$401-M IOC expansion greenlighted

Rio Tinto (RIO-N, RIO-L) stands to be one of the biggest losers if Australia passes a proposed 40% tax on windfall profits on all operating mines in Australia and it appears the U.K.-headquartered min…

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